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Friday, 15 September 2017

From Bear to Bull: Bitcoin Just Won't Die (So Josh Brown Buys)

From Bear to Bull: Bitcoin Just Wont Die (So Josh Brown Buys)

 

"Why won't you die?"

That's what Josh Brown, money manager and CEO of Ritholtz Wealth Management, kept asking himself as he watched the price of bitcoin rise and rise.

After years of skepticism toward cryptocurrency, Brown finally relented, buying bitcoin for the first time in July. And yet, at the very moment prices were soaring, news about the number one cryptocurrency by market capitalization turned negative.

"People were saying [about the scaling debate], 'This is going to be the thing that really kills bitcoin.' But the price action was saying the opposite," Brown recalls.


Full story at http://bit.ly/2wuX2I8


Source: CoinDesk


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